Turkey's Risky 'Hot Money' Experiment

Turkey's plans to curb 'hot money' flows with interest rate cuts and higher bank reserve requirements may not work after all.

This transcript has been automatically generated and may not be 100% accurate.

go ... we all fully deal with ... the Nikkei's ... it ... actually was ... the IG Markets tacky is suffering from heavy investment inflows ... as its national invest his time away ... from the sluggish economies of the more developed well ... well in favor of foster growth and higher yields in the emerging world ... the results of many of these countries ... is higher inflation pressure ... and strong occurrences that many export growth ... other countries like Brazil have hiked interest rates to cool inflation and then warned about capital controls to curb hot money ... but tiki is de its own way ... it has taken a different route hiking interest rates to make them a less attractive ... and promising to ... introduce like reserve requirements already is tied for seventh diamonds ... in the hope that this book of domestic demand and keep a lid ... on tight case inflation ... how about ... economists warn that it repeated breakouts don't stand the hot money flows into tiki ... and the rise in bank reserves ... don't cover the credit to the country or increase credit to the country ... tiki could be left with salty hot inflation ... as well as the cuts come deficit expanding the well out of hand ... tech is economic experiment with rate cuts and I was us ... who probably been ... a failed ... this is the